RJ Capital refinances luxury rentals in Rego Park

RJ Capital Holding has secured refinancing for a prized residential property in Queens’ Rego Park neighborhood, just nine months after opening its doors. Benefit Street Partners provided RJ Capital with an $84 million loan for the Trylon Tower at 98-81 Queens Boulevard, the Commercial Observer reported. Newmark’s Jordan Roeschlaub, Daniel Fromm and Sam Speciale arranged the debt. The 16-story, 170-unit development opened in March, featuring one- to three-bedroom apartments. The property has six units available, according to StreetEasy, ranging from a $3,200 one-bedroom unit to a $5,600 two-bedroom spread. There are 60 affordable units within the complex, built with the […] This article originally appeared on The Real Deal. Click here to read the full story.